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Mixed-Use Development Opportunity
For Sale
$1,600,000

5842 E BURNSIDE, Portland, OR 97215

Prime Portland location for mixed-use or multifamily development.

Property SizeContact for details
Lot Size0.34 Acres
Days on Market326

Property Features for 5842 E BURNSIDE

General Information

Standard status Active
Lot size 0.34 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $6,418

Amenities

On Busline
Public Road
Listing Agency: ASCEND REALTY & PROPERTY MANAGEMENT
Listed By: ERNIE COUFAL
Source: Corcoran
Added: Sep 23, 2025 Changed: Aug 13 Last Checked: Aug 13 at 6:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ASCEND REALTY & PROPERTY MANAGEMENT

Investment Insights

Based on property information with market context.

This property, zoned CM2, allows for mixed-use, multifamily, commercial, and office development. It is ideally suited for a multi-story mixed-use or multifamily project with ground floor retail. The location is in the Mount Tabor neighborhood of SE Portland. The property features approximately 110 feet of frontage along E Burnside St, a heavily trafficked street. The area is highly walkable, bikeable, and transit-rich. Mount Tabor Middle School is nearby.

Key Highlights

  • CM2 Zoning – allows mixed‑use, multifamily, commercial, and office development
  • Premier SE Portland location in the vibrant Mount Tabor neighborhood
  • Ideal for multi‑story mixed‑use or multifamily project with ground floor retail

Property Analytics

Current Use

Donut Queen Bakery

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Nail Salon Food Market HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,104
Businesses Nearby

Demographics for 97215, OR

18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Prime Portland location for mixed-use or multifamily development.
Where is this commercial land located?
The property is located at 5842 E BURNSIDE Portland, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: CM2 Zoning – allows mixed‑use, multifamily, commercial, and office development; Premier SE Portland location in the vibrant Mount Tabor neighborhood; Ideal for multi‑story mixed‑use or multifamily project with ground floor retail
More about this property
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